Cryptocoins News / Finance Magnates - 4 months ago
Cyprus has issued an alert to financial professionals, emphasizing their pivotal role in thwarting terror financing. This directive by the Institute of Certified Public Accountants of Cyprus (ICPAC) highlights heightened scrutiny on cryptocurrency tr...
Cryptocoins News / Finance Magnates - 4 months ago
Kraken has announced a partnership with Atlético de Madrid. This partnership makes Kraken the Official Crypto and Web3 Partner of the Spanish football club. Starting in the 2024 season, Kraken will also be the Official Sleeve Partner for all men’s an...
Cryptocoins News / Finance Magnates - 4 months ago
The past six months could have been some of the most significant in Bitcoin's history. However, the continuing decline in prices from historical highs has led to reduced investor activity, resulting in a 20% decrease in average spot volumes among the...
Cryptocoins News / Finance Magnates - 4 months ago
For the past fourteen years, Bitcoin has had one job—money. Scarce, decentralized, and out of the central banks' control, Bitcoin's monetary properties made it an elite alternative to conventional currency. Bitcoin's role as a store of value and, to...
Cryptocoins News / Finance Magnates - 4 months ago
Zodia Markets, Standard Chartered's crypto subsidiary, is in talks to acquire Elwood Capital Management, a crypto company backed by hedge fund billionaire Alan Howard, Bloomberg reported, citing “people with knowledge of the matter.”Although the deal...
Cryptocoins News / Finance Magnates - 4 months ago
Two FTX's former executives who testified against the exchange's founder, Sam Bankman-Fried, have been scheduled for sentencing, Reuters reported. Nishad Singh and Gary Wang, once high-ranking figures within the now-bankrupt cryptocurrency exchange,...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency exchange Bybit has rolled out its Mastercard debit card in Argentina, promising convenience and rewards with the new offering. According to a statement by the company today (Tuesday), this service will integrate digital assets with eve...
Cryptocoins News / Finance Magnates - 4 months ago
Bullish, a regulated digital asset exchange, and Gold-i, a trading technology provider, have announced an integration of their platforms aimed at improving institutional cryptocurrency trading.Bullish Exchange and Gold-i Forge Partnership to Enhance...
Cryptocoins News / Finance Magnates - 4 months ago
The cryptocurrency industry faced a barrage of security breaches in the second quarter of 2024, with total losses reaching $629.7 million across 49 incidents, according to a new report from blockchain security firm Cyvers. Despite the staggering figu...
Cryptocoins News / Finance Magnates - 4 months ago
Data published by crypto analytics firm Kaiko last week demonstrated some surprises when it came to the rankings of centralized crypto exchanges, as determined by their respective global market shares. Arguably, the most recognizable exchange names a...
Cryptocoins News / Finance Magnates - 4 months ago
When the Ether exchange-traded fund (ETF) did not receive the final approval in the United States, companies were already making a move for Solana ETFs. The Cboe has officially asked the Securities and Exchange Commission (SEC) to allow VanEck and 21...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency mining firm Bitfarms has appointed Ben Gagnon as its Chief Executive Officer in a move the company said marks a new chapter as it seeks to expand and diversify its operations beyond Bitcoin mining.Gagnon, formerly Chief Mining Officer,...
Cryptocoins News / Finance Magnates - 4 months ago
As the US presidential election draws closer, bitcoin and crypto have become key political talking points in ways not previously seen. This can partly be attributed to the relative youth of the industry, as at the time of the 2020 election, Bitcoin h...
Cryptocoins News / Finance Magnates - 4 months ago
The dollar value of Bitcoin remains extremely volatile. Although there were signs of recovery over the weekend, the value tumbled this morning (Monday) as the Asian markets opened. What is the cause of this dip? Is it due to the expected repayment fr...
Cryptocoins News / Finance Magnates - 4 months ago
KuCoin's Visa debit card KuCard has added support for multiple virtual and physical cards starting July 1, 2024, the company announced today (Friday). This latest offering will enable users to manage multiple cards and access a cashback program.Eying...
Cryptocoins News / Finance Magnates - 4 months ago
The trustee of the now-defunct cryptocurrency exchange Mt. Gox confirmed today (Friday) that repayment to some of the creditors in Bitcoin and Bitcoin Cash has been initiated. This was part of the rehabilitation plan after the exchange was shut down...
Cryptocoins News / Finance Magnates - 4 months ago
The cryptocurrency and decentralized finance (DeFi) sectors suffered a staggering $1.19 billion in losses due to hacks, scams, and exploits in the first half of 2024, according to a new report from blockchain security firm CertiK.Crypto Security Woes...
Cryptocoins News / Finance Magnates - 4 months ago
A federal judge has ordered an Oregon man and his companies to pay over $83 million in restitution to victims of a fraudulent digital asset investment scheme that operated as "a classic Ponzi scheme," according to court documents.Court Orders $83 Mil...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency exchange Coinbase is partnering with Greengage, a London-based financial services provider for small and medium enterprises (SMEs), to originate SME debt using the Coinbase Diamond protocol. This collaboration seeks to utilize blockcha...
Cryptocoins News / Finance Magnates - 4 months ago
UK-based fintech company Gold-i and crypto liquidity provider Cypator have announced a new partnership aimed at improving cryptocurrency liquidity access for retail brokers. The collaboration integrates Cypator's crypto liquidity pools with Gold-i's...
Cryptocoins News / Finance Magnates - 4 months ago
The Basel Committee on Banking Supervision has confirmed the approval of a final disclosure framework, which includes a standardised set of tables and templates for banks to report their crypto asset exposure, the organisation announced yesterday (We...
Cryptocoins News / Finance Magnates - 4 months ago
The Nigerian crypto community faces uncertainty after KuCoin, a prominent global cryptocurrency exchange, announced a new tax policy. Starting July 8, the cryptocurrency exchange will impose a 7.5% value-added tax (VAT) on transaction fees for users...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency exchange CoinDCX, has acquired BitOasis, a virtual asset trading platform operating in the Middle East and North Africa (MENA) region. The acquisition marks CoinDCX’s entry into the MENA market, signalling a strategic expansion.Acquisi...
Cryptocoins News / Finance Magnates - 4 months ago
Binance has announced significant changes to its services in Turkey. According to the firm, this is part of its focus on transparency and regulatory compliance.Binance Adjusts Turkish ServicesBinance has been monitoring regulatory developments in Tur...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency exchange Bitget has set its sights on becoming a regulated player in the world's most populous democracy. The company's announcement comes as India grapples with the complexities of integrating cryptocurrencies into its financial ecosy...
